XRP Institutional Inflows Surge Amid Price Weakness
XRP recently hit a 19-month low of $1.08 as market volatility took hold, but institutional investors didn't follow suit.
In fact, they poured in $132 million to XRP investment products during this period of price weakness, the largest inflow among altcoins.
This trend is being seen as evidence of 'smart money' accumulating XRP while retail holders, influenced by uncertainty and fear, continued to sell in the $1.00 to $1.20 range.